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Elon Musk: In the future, 'work will be optional' and 'currency becomes irrelevant'
CNBC Television· 2025-11-19 19:15
I don't know about what longterm is. Maybe it's 10, 20 years, something like that. For me, that's long term.Um, my prediction is that work will be optional. >> Optional. >> Optional.Um, so >> we'll take that. >> Yeah. I mean, it it'll be like uh playing sports or a video game or something like that.Um, if you want to work, uh, you know, in the same way like you can you can go to the store and just buy some vegetables or you could grow vegetables in your backyard. It's much harder to grow vegetables in your ...
President Trump says he would love to fire Fed Chair Jerome Powell
CNBC Television· 2025-11-19 19:13
Now, we got some breaking news out of the White House. Aean Jabers has the story. Aean.>> Hey, John. That's right. President Trump just wrapping up some remarks over at the Kennedy Center speaking to the Saudi investment forum that's taking place over there today.And the president really ramping up his criticism of Jay Pal, the Federal Reserve chairman, and also offering some more unusual criticism of Scott Bessent, the Treasury Secretary, uh, sounding a very frustrated note about interest rates. Here's wha ...
Carson Block on new long position: Snowline Gold a true tier-1 discovery, will unlock gold district
CNBC Television· 2025-11-19 19:04
For more, let's bring in Carson Block, founder of Muddy Waters Capital. Carson, ah, gold mines notoriously iffy, uh, as bets. Why is this one different.So, you're 100% correct. Um, I mean, the mining space is filled with a lot of bad actors and a lot of incompetence, but Snow Line is what we think is a true tier one discovery that is going to unlock a whole gold district there. We don't find any reason to question the resource estimates.So, that's typically where you fall down on mining is they've messed ar ...
Nvidia's earnings are a bellwether moment, says Plexo Capital's Lo Toney
CNBC Television· 2025-11-19 18:59
Joining me now is Lo Tony, founding managing partner at Plexo Capital and the CNBC contributor. Low, all that stuff about the durability of AI demand Jensen talks about every quarter. And I mean, we're not even going to talk about what happens if he misses numbers because oh my goodness, uh, he's got to make the numbers and then some, right.So, what more can happen to keep this train rolling. Well, everyone looks to signals for boom versus bust and for this moment, it's a bellweather moment because it's mor ...
Gemini 3.0 and Google's custom AI chip edge
CNBC Television· 2025-11-19 18:58
of Google parent company Alphabet reaching some all-time highs today on the heels of its latest AI model release and Dot Drabosa has more in today's tech check D. >> Hey John, speaking of efficiency, three letters here, TPU, that's Google's custom chips tensor processing units and they are symbolic of the Google bullcase itself. Gemini 3.0% which has in just today climbed all the third party AI rankings was trained entirely on TPUs and not Nvidia's GPUs and that's a first at this level.For years, TPUs have ...
Final Trades: Freeport-McMoRan, Cisco, Teradyne and McKesson Corp.
CNBC Television· 2025-11-19 18:56
All right, Stacy Rascan, Malcolm Ethridge, Dan [music] Greenhouse, Lauren Goodwin, Sher Paul, that's who's joining us on Closing Bell today, 3:00 Eastern time. It'll [music] be the final stretch, the final stretch into Nvidia's earnings in overtime. So, we got a lot to talk about and I hope you'll join us then 3:00.Bin, I know you'll be watching because you own Nvidia. What's your final trade. Definitely free port, but you can also sell the February 45 calls, collect $2.15%.If it gets called away, it would ...
Startup works with waste stored underground to remove carbon dioxide
CNBC Television· 2025-11-19 18:45
Food and agricultural waste, excess manurses, human waste, and paper sludge. These are the materials that a Houston, Texas-based startup called Vaulted Deep deals in. Building on expertise from oil and gas waste engineering, it converts all this waste into so-called slurry and injects it directly into the earth.It's sort of a win-win. Um, both a win for the climate because we're helping lock away carbon for hundreds of thousands of years. We're avoiding methane emissions.We're also contributing to cleaner l ...
Panera unveils comeback plan to reverse years of traffic declines
CNBC Television· 2025-11-19 18:15
Company Performance & Strategy - Panera's ranking dropped to number three in the US fast casual market [1] - Panera's traffic has been declining due to shrinking sandwiches and skimping on salads [1] - Panera is implementing "Panera Rise," a strategy to refresh the menu, focus on value, improve service, and build new restaurants [2] - Panera is reverting to using only Roma lettuce in its salads after consumer dissatisfaction with a Roma/iceberg mix [3][4] - Panera will start slicing tomatoes and avocados again to improve food quality [5] Menu & Product Changes - Panera is exploring new menu items, including a fresh take on energy drinks and refreshers [5] - Panera discontinued its highly caffeinated energy drinks after lawsuits related to its charge lemonade [5] - Panera will be leaning into a barbell menu strategy, offering both low and high price options [6] Legal & Ethical Considerations - Panera settled two wrongful death lawsuits related to its charge lemonade, denying wrongdoing [6]
Elon Musk: Tesla will make 'first actually useful humanoid robots'
CNBC Television· 2025-11-19 17:45
you know, with respect to humanoid robotics, there are no useful humanoid robotic robots at this point. Um, there are sort of gimmicks, but there are there are no actually useful humanoid robots. Um, and I think Tesla's going to make the first actually useful humanoid robots.Um, and this will be quite a revolution and I think something that will that everyone will want. Uh, because I always think of like who who wouldn't want their own personal C3PO R2-D2. Oh yeah, >> of course everyone would want one, righ ...
Alphabet shares surge after the release of Gemini 3.0
CNBC Television· 2025-11-19 17:29
Shares of Alphabet hitting all-time highs today, fueled by its launch of the new AI model, Gemini 3, which is now topping the leaderboards. Deerra Bosa has more in today's tech check 4% rise here. Dearra, yeah, a big one.So, what makes Gemini 3.0% all the more remarkable is the central role of Google's own custom chips, tensor, processing units or TPUs. Now, Gemini 3 was entirely trained on them, not Nvidia's GPUs. And that is really a first at this level.For years, TPUs, they've been seen as this powerful ...